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US-based Pomelo, a fintech startup that combines international money transfer with credit, has raised USD 35 million in Series A funding round.
remittance, money transfer, credit card, funding, expansion
Singapore-based cross-border payments company Thunes has announced its plans to acquire Tilia, an all-in-one payments platform, to accelerate its expansion in the US.
payments , payment methods, payout, online payments, expansion
Google Wallet has set to launch in India, separate from Google Pay.
digital wallet, mobile payments, product launch, digital payments, loyalty programme
Orange Money and the Jordan Post Company have signed an agreement to boost digital financial services in Jordan.
digital payments, digital wallet, financial services, financial inclusion, partnership, transactions
Financial infrastructure platform for businesses Stripe has announced that it secured USD 694.2 million in the tender offer from February 2024.
funding, investment, financial services, public listing, online payments
American ride-hailing company Uber has chosen to temporarily halt its fintech strategies in Mexico, despite previously securing the necessary licence to deliver financial products.
fintech, financial services, financial inclusion, digital payments, debit card
US-based e-wallet Transi has partnered with fintech provider Velmie to launch a remittance app that facilitates transactions between the US and the Dominican Republic.
mobile payments, money transfer, remittance, financial inclusion, fintech
US-based fintech LemFi has received regulatory approval from the Central Bank of Kenya (CBK) to operate remittances in Kenya.
remittance, mobile payments, digital wallet, FX , money transfer
Global financial technology company MoneyGram has entered a collaboration with Tencent Financial Technology in a bid to enable digital remittances in China.
partnership, online payments, ecommerce, financial inclusion, financial services, cross-border payments
Xoom, PayPal's cross-border money transfer service, now allows US users to fund transfers abroad using USD converted from the PayPal USD (PYUSD) stablecoin.
cross-border payments, stablecoin, transactions , funding
Austria-based payment brand Bluecode has entered into a strategic partnership with European technology bank Viva.com.
QR payments, banks, financial services, partnership
From 1 June 2024, GrabPay users in Singapore and the Philippines will no longer have the option to utilise their GrabPay physical or digital cards for transactions, both online and offline.
financial services, transactions , e-wallet, digital wallet
Crypto.com, the cryptocurrency platform serving over 80 million customers globally has announced the launch of the Crypto.com App in South Korea.
trading platform, cryptocurrency exchange, crypto, NFT, regulation
Messaging app Telegram has enabled its users to buy advertisements using Toncoin (TON), with a revenue share programme that will reward channel owners.
cryptocurrency, product upgrade, blockchain, digital assets, IPO
Philippines-based super app GCash and PayPal have partnered to facilitate freelancers and MSMEs to withdraw their PayPal funds through GCash.
SMEs, mobile payments, money transfer, ATM, digital wallet
UK-based digital payment and financial services provider Ant International has partnered with Capital A Berhad.
partnership, payments , financial services, digital payments
Global financial technology company MoneyGram International has entered into a strategic partnership with financial technology app barraq.
cross-border payments, partnership, fintech, financial services
Kim Kacal, Payments lead for North America at Accenture, and Tim O'Donnell, Payments managing director at Accenture, explore the roadblocks keeping some banks from embracing FedNow, the Federal Reserve’s new instant payment service.
FedNow, banks, ISO 20022, B2B payments, ACH, real-time payments, artificial intelligence, fraud detection
Global payment network provider company GLN International has signed a memorandum of understanding with Nepal-based Fonepay.
partnership, cross-border payments, mobile payments, QR payments
Zambia-based card issuing fintech startup Union54 has announced the launch of ChitChat in the region, aiming to improve the digital finance and social commerce landscape in Africa.
product launch, digital wallet, digital payments, partnership, social commerce, financial inclusion